FY17

SINGAPORE (May 24): CIMB Research is maintaining its “add” call on Boustead Singapore and raising its target price to 96 cents from 88 cents previously while noting a strong balance sheet for potential mergers and acquisitions (M&As).

SINGAPORE (May 24): Yoma Strategic Holdings reported earnings of $35.9 million for FY17 ended March 31, a 3.2% decline from FY16 due to higher interest expenses and administrative expenses.

SINGAPORE (May 23): Hiap Seng Engineering announced a loss of $1.8 million for 4Q ended March, which brought the group’s FY17 earnings down 26.9% to $3.8 million.

SINGAPORE (May 22): Tung Lok Restaurants (2000) has declared $0.42 million in earnings for FY17, down 30.9% from the $0.61 million posted in the previous financial year mainly due to lower revenue and reduced income tax credits.   

SINGAPORE (May 22): Vallianz Holdings, the provider of offshore support vessels (OSVs) and integrated offshore marine solutions to the oil and gas (O&G) industry, announced losses of US$159.4 million for the 15 months ended March 31, compared to FY15 ende

SINGAPORE (April 25): Ho Bee Land, the real estate development and investment company, has declared earnings of $56.3 million for the first quarter ended March 31 – more than triple of the $18.5 million it posted for 1Q16 on the back of higher revenue a

SINGAPORE (April 17): CIMB Research is downgrading its call on Japfa from “add” to “reduce”, lowering its price target on the counter to 69 cents from $1.41 previously on strong headwinds in the industrial agri-food company’s two largest markets

SINGAPORE (Feb 20): RHB is remaining “neutral” on iFAST Corporation with a lower target price of 79 cents from 88 cents previously, after the online investment platform on Friday posted a 55% decline in FY16 earnings.

SINGAPORE (Jan 9): RHB is certain that profits from Master, the latest South Korean crime-action blockbuster to hit the silver screens, will be yielding Spackman Entertainment Group “superb” 1Q17F earnings.

SINGAPORE (Nov 4): DBS Vickers Securities is reiterating its “buy” call on Genting Singapore (GENS) with an unchanged target price of 91 cents, with a view that the resorts and casino operator is closing in on a recovery of earnings in FY17.